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Dollar Falls on Weak US Retail Sales and Consumer Sentiment Reports

Dollar Falls on Weak US Retail Sales and Consumer Sentiment Reports

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Why a Record-Strength El Niño Still Might Not Save Europe's Gas Market

Only an exceptionally strong El Niño will meaningfully ease Europe's LNG needs this winter, and forecasters currently rate that outcome as a long shot.

  • Strong El Niño may not sufficiently alleviate Europe's gas market needs this winter.
  • Market participants should consider a moderate warming effect as the current assumption.

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